The market for ultracapacitors - energy storage devices with the potential to hold charge orders of magnitude greater than conventional capacitors - is growing with investment into energy efficiency, says Pike Research.
In its report, simply entitled Ultracapacitors, the market insight provider, which specialises in energy efficiency, renewable power and electric vehicles, says the electronic components have applications in a number of green industries.
For instance, their smaller physical footprint is finding favour in grid-scale energy storage, as well as for use in wind turbines.
They also may be used in "stop-start vehicles", the most popular transportation application for the technology.
Unlike capacitors, ultracapacitors do not require a dielectric layer between their plates, instead using an air space of just a few nanometres in thickness.
As a result, they need fewer materials and can store much higher charge within a compact physical footprint than their counterpart, the capacitors used among electronic components in the past.
Posted by Sagar Jethani